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1987-665948218 16 NOTICE OF COMPLETION 1. Pursuant to the Subdivision Map Act of the State of California and Title 24 of the Encinitas Municipal Code, Broadmoor Homes, Southwest, Inc., subdivider., dl.d on '.-.he 11th day of June, 1986, enter into an agreement with the City of Encinitas to construct and install certain improvements in that certain subdivision kno-,, as Tentative Map No. 4384-:1, rival Map No.1.1042, said improvements consisting of street and drainage improvements in the City of Encinitas. 2. Said agreement, including plans and specificati,, is for said improvements, is on file in the office of the Clerk of tae City of Encinitas. 3. The name of the surety on the subdivider's Bonds guaranteeing construction of said inp-~vements and the payment of laLor and material therefore is Tnsurance Company of the West, 10140 Campus Drive, San Diego, California, 92121. 4. Sa ; improvements were completed and acceK-l-ed by the City Coun,-il of the City of Encinitas on the 14th day of September, 1987. 5. Performance Bond - Improvement Bond 113-r,4-75 in the amount of $320,'257.00; the amount of $273,08?."i is herebv released and the --maining amount of. $47,170.00 shall be held for a period of one (1, '-om the acceptance date in paragraph 4 above unless further notifiea oy tiie City. 6. Improvement Labor and Material Bond #13-64-75 in the amount of $237,350.00 may be released in sir. (6) months should no claim be filed against them with the City of Encinitas. -1. Monumentation Bond -13-64-75 in the amount of $3,800.00 is h-;reby released. Park Land Security Bond 413-64-75 in the amount of $9,300.00 is hereby released. Drainage Fees Bona ;13-64-75 in the amount of $11 x10.00 is hereby release. 3. Neither acceptance of said improvements by the City Council of the Citv of Encinitas nor this notice constitutes a waiver of any defects in the work of the construction or installation of said improvements. Dated, ^lr a~ 7 CI`1Y OF ENCINITAS STATE OF Cl,.LIFORN.TJF --e P County of San Diego,) ss By _r. _ Enc ni.tas City Clerk E. Jane Pool, City Clerk of the City of Encinitas, a political subdivision of the State of California, which is the owner of tt- public work described in the within Notice of Completion executed by said City of Encinitas,; certify that I have read the same and know the conternts thereof ei--d that the facts therein stated are true on my own knc :edge; that I make this verificat:ioo i-of and ,n behall of sate City of Encinitas. Subscribed ._rid sworn to before me this _ th day of } PA-rpiCIA DZeW • Y-~ •l H'i,l-Uloo (1 J:. Jane P ol, City Clerk City of cinitas RECORDING FEi~11[~' c V r'~ AND MAII TO' 219 v /j IV -14 S- e7 &6594@ Lcoi h i r <<.:ciil li t.C ~G'E k-